OpenAI working on new reasoning technology under code name ‘Strawberry’
By Anna Tong and Katie Paul -ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project co..
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French competition authority confirms investigation into Nvidia
PARIS (Reuters) – The French competition authority confirmed on Monday that an investigation is underway into chipmaker Nvidia ..
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Carrefour partners with GreenYellow to install solar panels at its French stores
(Reuters) – Carrefour said on Monday it had entered into a partnership with French renewable energy company GreenYellow for the..
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China’s economy falters as property, consumer pain worsens
By Kevin Yao and Joe Cash BEIJING (Reuters) – China’s economy grew much slower than expected in the second quarter, as a ..
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TSMC second-quarter profit seen jumping 30% on surging AI chip demand
TSMC second-quarter profit seen jumping 30% on surging AI chip demand TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, ..
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Google parent in talks to buy cybersecurity startup Wiz for $23 billion
By Milana Vinn and Steven Scheer NEW YORK (Reuters) -Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz..
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Swiss authorities draw flak in Credit Suisse probe, report says
Swiss authorities draw flak in Credit Suisse probe, report says ZURICH (Reuters) – Preliminary findings in an eagerly awaited pa..
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Tennis-Inspired Krejcikova emulates mentor Novotna with Wimbledon triumph
By Shrivathsa Sridhar LONDON (Reuters) – An inspired Barbora Krejcikova etched her name onto Wimbledon’s famed honours bo..
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Analysis-Shunned UK markets emerge as haven from global storms
By Naomi Rovnick and Anousha Sakoui LONDON (Reuters) – Investors are looking at UK markets as a potential haven as political unc..
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Citi profit beats on surge in investment banking, services strength
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by ..
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Yen keeps markets on edge, data points to BOJ intervention
By Amanda Cooper LONDON (Reuters) -The yen steadied on Friday, a day after the Bank of Japan likely intervened to prop up the currenc..
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German wholesale prices fall 0.6% in June
(Reuters) – German wholesale prices fell by 0.6% in June compared with the same month last year, according to data released by ..
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Ericsson’s Q2 sales fall a smaller-than-expected 7%
(Reuters) -Swedish telecom gear maker Ericsson reported a smaller-than-expected 7% drop in second-quarter sales on Friday as sluggish..
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Tesla launches new Model 3 long-range variant at $42,490, website shows
(Reuters) – Tesla on Thursday launched a new rear-wheel drive variant of its Model 3 long-range vehicle, at a price $5,000 lowe..
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Oil edges up as US inflation data raises rate cut hopes
By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Thursday, keeping the Brent benchmark above $85 a barrel, as hopes rose for U.S...
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Global stock index climbs while dollar falls after US inflation data
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – A global index of stocks hit record highs on Thursday, the dollar fel..
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Dollar drops, yen surges as consumer prices fall in June
By Karen Brettell (Reuters) -The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, with..
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Faster UK economy growth gives gift to new government
By Andy Bruce (Reuters) – Britain’s economy grew more quickly than expected in May, providing some momentum for the new go..
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Tax the super-rich, ex-leaders tell G20
By Marcela Ayres BRASILIA (Reuters) – Former presidents and prime ministers have sent an open letter to current leaders of the w..
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Oil settles higher on hopeful demand outlook as US oil stocks sink
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled higher on Wednesday after a jump in U.S. refining activity last week drove..
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Britain likely to lose nearly one in six millionaires by 2028, report says
By Dave Graham ZURICH (Reuters) – Britain is likely to lose nearly one in six of its U.S. dollar millionaires by 2028, but their..
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Shares climb, bonds rally as September Fed rate cut chances grow
By Lawrence White LONDON (Reuters) -Shares climbed and bond yields dipped on Wednesday following cautious but encouraging remarks on i..
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BP Energy Outlook: both main scenarios see 2025 oil peak, rapid renewables growth
By Ron Bousso LONDON (Reuters) – BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of ..
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Oil edges higher on likely US inventory drawdown
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Wednesday on expectations that U.S. crude and gasoline inventories fell last we..
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Alstom wins $3 billion order to deliver metro trains in Hamburg
(Reuters) – Alstom has signed a framework agreement worth up to 2.8 billion euros ($3.0 billion) to deliver 374 new metro train..
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Morning Bid: Turning the corner in the inflation fight
A look at the day ahead in European and global markets from Rae Wee Central bankers across the globe are finally showing increasing c..
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Asia shares rise; kiwi slumps after RBNZ’s less hawkish tone
By Rae Wee and Sameer Manekar SINGAPORE (Reuters) -Asian stocks hovered near two-year highs on Wednesday on growing bets of imminent ..
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Thai finance minister says economy not good, with growth worsening
BANGKOK (Reuters) -Thailand’s economy has not been good for a long time, with growth deteriorating as it faces structural probl..
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Volkswagen may close Brussels factory as low EV demand hits Audi
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen on Tuesday warned it may close the Brussels site of its luxury..
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Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says (Reuters) – Global shipments of personal computers..
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Exclusive-Fed considers rule tweak that could save biggest US banks billions in capital
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is considering a rule change that could save the country’s eigh..
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Factbox-European companies cut jobs as economy sputters
(Reuters) -Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or c..
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Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss
LONDON (Reuters) – Shares in Novo Nordisk, maker of the wildly popular obesity drug Wegovy were down 1.1% on Tuesday after the ..
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Porsche AG reports sharp fall in China deliveries
(Reuters) -German sportscar maker Porsche said on Tuesday that global vehicle deliveries were down 7% in the first half of the year c..
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UK’s Capita surges about 23% on sale of software business
(Reuters) -Shares in Capita jumped nearly 23% in early trading on Tuesday after the British outsourcing firm agreed to sell its stand..
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Germany needs $325 billion of power grid investments by 2050, KfW says
FRANKFURT (Reuters) – Germany needs investments of around 300 billion euros ($325 billion) by the middle of the century to equi..
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Stellantis to expand hybrid vehicle line to meet growing demand
PARIS (Reuters) – Stellantis said on Tuesday it would expand its line of affordable hybrid vehicles to 36 models in Europe by 2..
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